Outgoing calls on MTN

MTN, the multinational mobile telecommunications company, reassured its Nigerian investors on Wednesday that the country’s SIM registration rules will not have a huge impact on its finances. This comes after the Federal Government ordered all telecommunication operators to bar all SIMs that are not registered with National Identification Number (NIN). The government made this call in 2020 after the country saw an increase in abduction incidents. According to Tech Central, MTN shares tumbled 7.8% in Johannesburg on Tuesday as investors took fright at the decision by the Nigerian Communications Commission (NCC) to order mobile operators in Nigeria to bar outgoing calls from phone numbers not linked to the NIN system. MTN said that its Nigerian subsidiary has made good progress in registering...